Ferro Molybdenum Price - Mar. 15, 2018

Steel biddings will soon come into the off season. Affected by that, traders are cautious on high-price transactions, which stabilizes ferro molybdenum price and reduces manufacturers’ willingness in purchasing high-price raw materials.

Large mines would not reduce their quotation on little pressure of stocks. The weakness in raw material rise may stimulate traders to do trading. Molybdenum chemical product prices will maintain at a relatively high level, following raw material prices, but some enterprises would decrease the quantity of stocking up in raw materials.

Prices of molybdenum products on Mar. 15, 2018

Picture of ferro molybdenum

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